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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

In 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.

by Jessie A Ellis
Jan 02, 2024

CRYPTOCURRENCY

Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

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